President Biden is preparing to unveil a plan to raise taxes on individuals making over $400,000 per year and increase the corporate tax rate to fund education and infrastructure spending. While supporters are applauding Biden's move as necessary to ensure that big business and the wealthy are paying their fair share, his detractors are saying the President is only raising taxes so he can continue to use profligate spending to implement his progressive agenda.
Should taxes on individuals earning $400,000 and corporations be increased?
